Asia Pacific Electric Cargo Bike Market Size, Share & Trends Analysis Report By Range, By Application (Personal Use, Delivery & Courier, Waste & Municipal Services, and Others), By Type (Front Loader and Longtail), By Country and Growth Forecast, 2024 - 2031

The Asia Pacific Electric Cargo Bike Market would witness market growth of 11.9% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Electric Cargo Bike Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $736.2 million by 2031. The Japan market is capturing a CAGR of 11.1% during (2024 - 2031). Additionally, The India market would register a CAGR of 12.6% during (2024 - 2031).

Electric cargo bikes are bicycles equipped with electric motors to assist with propulsion, particularly when carrying heavy loads. These bikes are designed to transport goods, packages, or passengers over short to medium distances, offering a sustainable alternative to traditional delivery vans or trucks in urban areas. There is a notable increase in interest and expansion in the electric cargo bike industry, which can be attributed to various significant factors that are transforming last-mile delivery solutions and urban transportation. These novel automobiles provide an environmentally conscious and effective substitute for conventional delivery vans and trucks, thereby responding to the growing obstacles presented by urban congestion, air pollution, and the demand for more sustainable modes of transportation.

One of the primary drivers of the electric cargo bike market's growth is the increasing demand for eco-friendly and efficient last-mile delivery solutions. The proliferation of e-commerce, as well as online shopping, has dramatically increased the quantity of products delivered to residences and places of business. By providing a practical and eco-friendly alternative to conventional delivery vehicles, electric cargo bikes enable businesses to decrease their carbon footprint and satisfy the rising demand for more rapid and efficient delivery services.

Singapore, a key Asian Pacific player, has also witnessed a surge in its e-commerce industry. According to the International Trade Administration, the gross merchandise volume of the Singaporean e-commerce sector experienced a significant increase, reaching US$8.2 billion in 2022. Projections suggest that this figure will continue to rise, reaching US$11 billion by 2025. This growth in e-commerce is driving the demand for efficient and sustainable last-mile delivery solutions, leading to an increased interest in electric cargo bikes. Thus, the growth of the e-commerce industry is fueling the demand for electric cargo bikes in the Asia Pacific region.

Free Valuable Insights: The Global Electric Cargo Bike Market is Predict to reach USD 5.7 Billion by 2031, at a CAGR of 11.5%

Based on Range, the market is segmented into Less than 50 km and More than 50 km. Based on Application, the market is segmented into Personal Use, Delivery & Courier, Waste & Municipal Services, and Others. Based on Type, the market is segmented into Front Loader and Longtail. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• Yuba Bikes
• Mobility Holdings, Limited (Tern)
• Amsterdam Bicycle Company BV
• Avant Enterprises, Inc. (Aventon)
• Priority Outdoor Products, LLC
• Riese & Müller GmbH
• Bunch Bikes, Inc.
• Pon Holdings B.V. (Houdstermaatschappij Wilg B.V.)
• Rad Power Bikes Inc.
• RYTLE Mobility GmbH

Asia Pacific Electric Cargo Bike Market Report Segmentation

By Range

• Less than 50 km
• More than 50 km

By Application

• Personal Use
• Delivery & Courier
• Waste & Municipal Services
• Others

By Type

• Front Loader
• Longtail

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Australia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric Cargo Bike Market, by Range
1.4.2 Asia Pacific Electric Cargo Bike Market, by Application
1.4.3 Asia Pacific Electric Cargo Bike Market, by Type
1.4.4 Asia Pacific Electric Cargo Bike Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific Electric Cargo Bike Market by Range
4.1 Asia Pacific Less than 50 km Market by Country
4.2 Asia Pacific More than 50 km Market by Country

Chapter 5. Asia Pacific Electric Cargo Bike Market by Application
5.1 Asia Pacific Personal Use Market by Country
5.2 Asia Pacific Delivery & Courier Market by Country
5.3 Asia Pacific Waste & Municipal Services Market by Country
5.4 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Electric Cargo Bike Market by Type
6.1 Asia Pacific Front Loader Market by Country
6.2 Asia Pacific Longtail Market by Country

Chapter 7. Asia Pacific Electric Cargo Bike Market by Country
7.1 China Electric Cargo Bike Market
7.1.1 China Electric Cargo Bike Market by Range
7.1.2 China Electric Cargo Bike Market by Application
7.1.3 China Electric Cargo Bike Market by Type
7.2 Japan Electric Cargo Bike Market
7.2.1 Japan Electric Cargo Bike Market by Range
7.2.2 Japan Electric Cargo Bike Market by Application
7.2.3 Japan Electric Cargo Bike Market by Type
7.3 India Electric Cargo Bike Market
7.3.1 India Electric Cargo Bike Market by Range
7.3.2 India Electric Cargo Bike Market by Application
7.3.3 India Electric Cargo Bike Market by Type
7.4 South Korea Electric Cargo Bike Market
7.4.1 South Korea Electric Cargo Bike Market by Range
7.4.2 South Korea Electric Cargo Bike Market by Application
7.4.3 South Korea Electric Cargo Bike Market by Type
7.5 Singapore Electric Cargo Bike Market
7.5.1 Singapore Electric Cargo Bike Market by Range
7.5.2 Singapore Electric Cargo Bike Market by Application
7.5.3 Singapore Electric Cargo Bike Market by Type
7.6 Australia Electric Cargo Bike Market
7.6.1 Australia Electric Cargo Bike Market by Range
7.6.2 Australia Electric Cargo Bike Market by Application
7.6.3 Australia Electric Cargo Bike Market by Type
7.7 Rest of Asia Pacific Electric Cargo Bike Market
7.7.1 Rest of Asia Pacific Electric Cargo Bike Market by Range
7.7.2 Rest of Asia Pacific Electric Cargo Bike Market by Application
7.7.3 Rest of Asia Pacific Electric Cargo Bike Market by Type

Chapter 8. Company Profiles
8.1 Yuba Bikes
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Product Launches and Product Expansions:
8.2 Mobility Holdings, Limited (Tern)
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.2.2 Product Launches and Product Expansions:
8.3 Avant Enterprises, Inc. (Aventon)
8.3.1 Company Overview
8.4 Priority Outdoor Products, LLC
8.4.1 Company Overview
8.5 Riese & Müller GmbH
8.5.1 Company Overview
8.6 Bunch Bikes, Inc.
8.6.1 Company Overview
8.7 Pon Holdings B.V. (Houdstermaatschappij Wilg B.V.)
8.7.1 Company Overview
8.8 Rad Power Bikes Inc.
8.8.1 Company Overview
8.9 RYTLE Mobility GmbH
8.9.1 Company Overview

TABLE 1 Asia Pacific Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Less than 50 km Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Less than 50 km Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific More than 50 km Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific More than 50 km Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Personal Use Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Personal Use Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Delivery & Courier Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Delivery & Courier Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Waste & Municipal Services Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Waste & Municipal Services Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Front Loader Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Front Loader Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Longtail Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Longtail Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Electric Cargo Bike Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Electric Cargo Bike Market by Country, 2024 - 2031, USD Million
TABLE 27 China Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 28 China Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 29 China Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 30 China Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 31 China Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 32 China Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 33 China Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 34 China Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 35 Japan Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 36 Japan Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 37 Japan Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 38 Japan Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 39 Japan Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 40 Japan Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 41 Japan Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 42 Japan Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 43 India Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 44 India Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 45 India Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 46 India Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 47 India Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 48 India Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 49 India Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 50 India Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 51 South Korea Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 52 South Korea Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 53 South Korea Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 54 South Korea Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 55 South Korea Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 56 South Korea Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 57 South Korea Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 58 South Korea Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 59 Singapore Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 60 Singapore Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 61 Singapore Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 62 Singapore Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 63 Singapore Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 64 Singapore Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 65 Singapore Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 66 Singapore Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 67 Australia Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 68 Australia Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 69 Australia Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 70 Australia Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 71 Australia Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 72 Australia Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 73 Australia Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 74 Australia Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 75 Rest of Asia Pacific Electric Cargo Bike Market, 2020 - 2023, USD Million
TABLE 76 Rest of Asia Pacific Electric Cargo Bike Market, 2024 - 2031, USD Million
TABLE 77 Rest of Asia Pacific Electric Cargo Bike Market by Range, 2020 - 2023, USD Million
TABLE 78 Rest of Asia Pacific Electric Cargo Bike Market by Range, 2024 - 2031, USD Million
TABLE 79 Rest of Asia Pacific Electric Cargo Bike Market by Application, 2020 - 2023, USD Million
TABLE 80 Rest of Asia Pacific Electric Cargo Bike Market by Application, 2024 - 2031, USD Million
TABLE 81 Rest of Asia Pacific Electric Cargo Bike Market by Type, 2020 - 2023, USD Million
TABLE 82 Rest of Asia Pacific Electric Cargo Bike Market by Type, 2024 - 2031, USD Million
TABLE 83 Key Information – Yuba Bikes
TABLE 84 Key Information – Mobility Holdings, Limited
TABLE 85 Key Information – Avant Enterprises, Inc.
TABLE 86 Key Information – Priority Outdoor Products, LLCd
TABLE 87 Key Information – Riese & Müller GmbH
TABLE 88 Key Information – Bunch Bikes, Inc.
TABLE 89 Key Information – Pon Holdings B.V.
TABLE 90 Key Information – Rad Power Bikes Inc.
TABLE 91 Key Information – RYTLE Mobility GmbH

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Electric Cargo Bike Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Electric Cargo Bike Market
FIG 4 Porter’s Five Forces Analysis – Electric Cargo Bike Market
FIG 5 Asia Pacific Electric Cargo Bike Market share by Range, 2023
FIG 6 Asia Pacific Electric Cargo Bike Market share by Range, 2031
FIG 7 Asia Pacific Electric Cargo Bike Market by Range, 2020 - 2031, USD Million
FIG 8 Asia Pacific Electric Cargo Bike Market share by Application, 2023
FIG 9 Asia Pacific Electric Cargo Bike Market share by Application, 2031
FIG 10 Asia Pacific Electric Cargo Bike Market by Application, 2020 - 2031, USD Million
FIG 11 Asia Pacific Electric Cargo Bike Market share by Type, 2023
FIG 12 Asia Pacific Electric Cargo Bike Market share by Type, 2031
FIG 13 Asia Pacific Electric Cargo Bike Market by Type, 2020 - 2031, USD Million
FIG 14 Asia Pacific Electric Cargo Bike Market share by Country, 2023
FIG 15 Asia Pacific Electric Cargo Bike Market share by Country, 2031
FIG 16 Asia Pacific Electric Cargo Bike Market by Country, 2020 - 2031, USD Million
FIG 17 Recent strategies and developments: Mobility Holdings, Limited